How do i ask for a rate reduction on my mortgage?

Answer If you find yourself facing the prospect of being unable to meet your home mortgage loan obligation on a consistent basis you may wonder what options are available to you. A key to getting control ... Read More »

Top Q&A For: How do i ask for a rate reduction on my mortgage

What does a mortgage principal reduction mean?

A mortgage principal reduction occurs when the bank decreases your mortgage balance by either selling the mortgage to a different lender or modifying the loan with the existing lender. It can be ve... Read More »

Wraparound Mortgage Reduction?

Wraparound mortgages enable home buyers to assume or "wrap" an existing mortgage into a new mortgage loan agreement. People looking to sell their homes can benefit from the rate at which the princi... Read More »

Qualifications for Mortgage Reduction?

If you are having problems making payments on your home, you may be eligible for government assistance. Without assistance, you could be headed toward foreclosure or a life of struggling to make yo... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »